It offers the undergraduate Bachelor of Business and Bachelor of Economics degrees, as well as postgraduate degrees and a Master of Business Administration program.

[2] The School was established in 1919 as the Faculty of Commerce offering Accounting and Corporate Governance education as a three-year Certificate and the Bachelor of Commerce, a four-year degree equivalent to an honours degree.

In a short period of time in the 1990s, Tasmanian School of Business & Economics and a part of the College of Arts & Law were a single organisation as the Faculty of Commerce and Law.

In 1997 the Faculty of Commerce creates three schools: Economics, Accounting and Finance and Management and in the early 2000 a finance major was introduced to the BBus and BEc degrees.

[3] In addition to its academic programme, the school has several co-curricular activities including corporate internships for its undergraduate students.